KUALA LUMPUR: IGB Corp Bhd's net profit for 3QFY10 ended Sept 30, fell 17.2% y-o-y to RM41.9 million from RM50.6 million, mainly due to higher cost of sales and administration expenses.

Revenue rose 15.4% to RM178.6 million compared with RM154.7 million a year earlier, mainly due to higher contributions from the property and hotel divisions.

KUALA LUMPUR: Dijaya Corp Bhd's net profit for 3QFY10 ended Sept 30, plunged 83% to RM5.6 million from RM32.4 million, due to a large base effect in 3Q09, when the company had enjoyed one-off gains from the sale of assets and the reversal of provisions for diminution in value of its investment portfolio.

KUALA LUMPUR: Gadang Holdings Bhd is bidding for several engineering and construction projects totalling more than RM2 billion and the company anticipates stronger earnings for the financial year 2011 ended May 31.

3QFY10 :Boosted by tax provision reversal

Proposed merger an enticing proposition

Investment Highlights

Merger in Motion

IJM Land

Thumbs Up, To Merge With MRCB

Bigger, But Will it be Better?

Land acquisition in Penang

News

KUALA LUMPUR: In a move to rationalise YTL Corporation Bhd's property development assets and projects, YTL Land & Development Bhd is acquiring nine companies and six parcels of land from holding company YTL Corp and YTL Singapore Pte Ltd for a total consideration of RM476.05 million and settle their collective inter-company outstanding balances, it announced to Bursa Malaysia on Tuesday, No